Sustainability Report 3Rd Quarter 2011 27 October
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Sustainability Report 3rd Quarter 2011 27 October 1 Index Energy-Environmental Indicators Relevant ……..………..…………………………………………………… 3 Sustainability Index …………………………………………………………………………………..……………... 4 Economic Indicators ………………………………………………………………………………………………... 5 Operating Indicators ……….………………………………………………………………………………………. 7 Environmental Indicators ….………………………………………………………………………………….…… 10 Social indicators …………………………………………………………………………………………………….. 14 Recognition ………………………………………………………………………………………………………….. 16 Highlights …………………………………………………………………………………………………………….. 23 Notes …………………………………………………………………………………………………………………... 60 2 Relevant Energy-Environmental Indicators 3rd Quarter 2011 EMISSIONS NO NO xx 2111 124 286 t t CO ² 12 278 370 t SO ² Particulates 5 142 t 494 t Maximum Power Installed EBITDA Main water usage Mini-hídrica ××× 3 3 (1 017 244 10 m ) Mini-hydroelectric 159.7 MW Gás Natural (59.678 TJ) Eólica Wind 6 959.3 MW Net Electricity Biomassa Generated (1) Forest residues (3 762 TJ) Biomass 34.9 MW 42 406 GWh Hídrica Electricity Drawn from Hydroelectric 6 794.8 MW Distribution Grid NaturalCarvão Gas (51 (81 065 622 TJ) TJ) Ciclo Combinado 60 555 GWh Combined Cycle 4 611.4 MW Cogeração Electricity Supplied Coal (75 888 TJ) Cogeneration 274.5 MW 60 494 GWh Térmica Convencional (m) Fuel-oil (522 TJ) Conventional Thermal 3 586.7 MW (1) Does not include steam production. (2) Refers to sub-products. Total Hazardous Ash and Coal (2) Slag Gypsum (2) Waste Waste 385 515 t 20 884 t 168 619 t 129 457 t 3 Sustainability Index 3rd Quarter 2011 Main Factors 3rd Qtr 2010 3rd Qtr 2011 • Renewables investment 65.4% 57.0% Sustainability Index base 100:2006 (1) • Specific CO 2 emissions (t/MWh) 0.236 0.279 129.5 0.27 0.26 • Specific No x emissions (g/kWh) • Specific SO 2 emissions (g/ kWh )) 0.15 0.12 128.9 • Specific waste production(g/kWh) (2) 8.2 8.8 •% of working women in total 21 % 20% 3rd Quarter 2010 3rd Quarter 2011 employees • Training hours / Hours worked 1.9% 1.9% • EDP severity rate 119 178 (1) Sustainabiindex developed by EDP and based on 26 performance indicators in the area of sustainability (www.edp.pt/sustentabilidade lity /abordagemasustentabilidade/ ); (2) The specific production was calculated on the net 4 production of added steam. Sustainability Indicators 3rd Quarter 2011 Year-on-year Economic Indicators Q3 2010 Q3 2011 2011 Target Change 11/10 GVA per employee (€) (1) 287 596 276 042 -4.0 % 371 536 Turnover (EUR millions) 10 239 11 162 9.0% 14 873 Energy services billed (EUR thousand) 15 279 474 14 773 692 -3,.% n.d. Direct economic value generated (EUR millions ) (1) 11 015 12 014 9.1% 15 413 Net operating investment (EUR millions) 1 959 1 353 -30.9% 2 217 Investment in renewable energies (EUR millions) 1 282 770 -39.9% 1 350 Investment in renewables as a proportion of total investment (%) 65.44% 56.91% -8.54 p.p 60.89% Economic value distributed (EUR millions ) (1) 9 447 10 596 12.2% 12 598 Staff costs 525 472 -10.2% 611 Supplier costs 622 648 4.3% 941 Community costs 10 14 43.3% n.d. Community contributions 194 224 15.3% 272 Net profit (EUR millions) 774 825 6.5% 1 027 Annualised return on equity (%) 28.23% 30.07% 1.84 p.p 28.09% Market capitalisation (EUR millions) 9 193 8 955 -2.6% n.d. Economic value retained (EUR millions ) (1) 1 568 1 418 -2.6% 2 815 (1) Figures for 2010 revised in accordance with provisions of Global Reporting Initiative. 5 Sustainability Indicators 3rd Quarter 2011 GVA per employee (EUR) Investment (EUR millions) 1,959 287,596 1,353 Net operating investment (milhões €) 276,042 Investment in renewable energy (milhões €) 1,282 770 3rd Quarter 2010 3rd Quarter 2011 3rd Quarter 2010 3rd Quarter 2011 Economic value distributed (EUR millions) Net profit (EUR millions) 825 10,596 ,9.447 774 3rd Quarter 2010 3rd Quarter 2011 3rd Quarter 2010 3rd Quarter 2011 6 Sustainability Indicators 3rd Quarter 2011 Year-on-year Operating Indicators Q3 2011 2011 Target Q3 2010 Change 11/10 Electricity generation Maximum installed capaciy EBITDA (MW) 21 163 22 421 5.9% 22 763 Renewables capacity EBITDA (MW) 13 118 13 949 6.3% 14 279 Renewables capacity as a proportion of total capacity (%) 61.99% 62.21% 0.22 p.p 62.73% Net electricity generated (1) (GWh) 42 381 42 406 0.1% 61 778 Generation from steam (GWh) 1 504 1 577 4.9% n.d. Net generation from renewables (GWh) 27 841 27 019 -3.0% 37 636 Renewables generation as a proportion of total net generation (%) 65.69% 63.72% -1.98 p.p 60.92% Total GWh generated per employee 3.51 3.53 0.4% 5.07 Distribution of electricity Electricity distributed (GWh) 60 158 60 555 0.7% 82 648 Electricity supply points 9 503 636 9 616 108 1.2% 9 406 666 Installed Capacity Equivalent Interruption Time (TIEPI) (min) (1) 123 80 -35.1% 180 Equivalent Interruption Time per Consumer (DEC) (hours) (2) 27 21 -23.3% 23 Total GWh distributed per employee 4.99 5.04 1.0% 6.79 Electricity Supplied (GWh) 62 840 60 494 -3.7% 80 566 Free market supply (GWh) 28 004 29 986 7.1% 41 584 Supply of last resort (GWh) 34 837 30 508 -12.4% 38 982 (1) Related to Portugal and Spain; (2) Related to Brazil 7 Sustainability Indicators 3rd Quarter 2011 Year-on-year Operating Indicators Q3 2011 2011 Target Q3 2010 Change 11/10 Number of electricity supply customers 9 816 151 9 909 309 0.9% 9 972 187 Free market supply 919 802 988 010 7.4% 334 848 Supply of last resort 8 896 349 8 921 299 0.3% 8 637 339 Green tariff Energy sold (GWh) 8 808 19 544 121.9% n.d. Number of customers 386 884 348 884 -9.8% n.d. Social Tariff Energy sold (GWh) 284 320 12.4% n.d. Number of customers 424 870 392 988 -7.5% n.d. Special Needs costumers Energy sold (MWh) 724 805 11.2% n.d. Number of customers 718 863 20.2% n.d. Gas distributed (GWh) 39 251 40 692 3.7% 49 633 Gas supply points (GWh) 1 220 254 1 253 694 2.7% 1 260 964 Gas supplied (GWh) 26 703 27 018 1.2% 35 494 Number of gas customers 1 064 954 1 060 287 -0.4% 1 104 784 Free market 676 598 680 550 0.6% 751 169 Last resort 388 356 379 737 -2.2% 353 615 8 Sustainability Indicators 3rd Quarter 2011 Installed capacity (MW) Net electricity generation (GWh) 22,421 42,381 42,406 21,163 Installed capacity (MW) Produção de electricidade Installed líquida (GWh) renewables Produção de capacity (MW) electricidade líquida renovável 13,118 13,949 27,841 27,019 (GWh) 3rd Quarter 2010 3rd Quarter 2011 9M 2010 9M 2011 GWh generated per employee Electricity distribution and electricity supply points 3.53 9,616,108 60.600 9.640.000 9.620.000 60.500 9.600.000 60.400 9.580.000 60,555 60.300 9.560.000 9,503,636 9.540.000 3.51 60.200 9.520.000 60.100 9.500.000 9.480.000 60.000 60,158 9.460.000 59.900 9.440.000 3rd Quarter 2010 3rd Quarter 2011 3rd Quarter 2010 3rd Quarter 2011 Electricity distribution (GWh) Electricity supply point 9 Sustainability Indicators 3rd Quarter 2011 Year-on-year Environmental Indicators Q3 2011 2011 Target Q3 2010 Change 11/10 Primary energy consumption (TJ) 126 949 141 298 11.3% n.d. Total for generation 126 765 141 046 11.3% 209 365 Coal 54 557 75 888 39.1% 117 235 Fuel-oil 729 522 -28.4% 212 Natural gas 59 678 51 065 -14.4% 78 089 Balst furnace gas 6 121 7 418 21.2% n.d. Coke gas 1 016 1 130 11.3% n.d. Diesel 329 63 -80.8% n.d. Forestry waste 3 165 3 762 18.9% 4 102 Steel plant gas 1 171 1 198 2.3% 9 726 Vehicle fleet fuel 184 253 37.6% n.d. Electricity consumption Power stations (MWh) 1 244 904 1 427 675 14.7% n.d. Administrative buildings (MWh) 23 769 20 485 -13.8% n.d. Certification ISO 14001 No. of production facilities certified (ISO 14 001) 83 108 30.1% 164 Net maximum installed capacity certified (%) 68% 70% 1.67 p.p. 72% No. of substations certified (ISO 14 001) 21 43 104.8% 93 Installed capacity of substations certified (%) 3% 7% 4.30 p.p 23% Certified gas distribution (ISO 14 001) (%) 100% 100% 0.0 p.p 100% 10 Sustainability Indicators 3rd Quarter 2011 Primary energy consumption (TJ) Primary energy consumption 3rd Quarter 2010 141,298 Coal 5% Fuel-oil Natural Gas 126,949 43% Balst Furnance Gas Coke Gas 47% Diesel Forestry waste 3rd Quarter 2010 3rd Quarter 2011 Vehicle Fleet 1% Primary energy consumption 3rd Quarter 2011 Coal 5% Fuel-oil Natural Gas Balst Furnance Gas Coke Gas 37% 54% Diesel Forestry waste Vehicle Fleet 0% 11 Sustainability Indicators 3rd Quarter 2011 Year-on-year Environmental Indicators Q3 2011 2011 Target Q3 2010 Change 11/10 (1) CO 2 emissions (kt) 10 373 12 279 18.4% 14 583 CO 2 emissions from vehicle fleet (kt) 13.3 14.5 8.7% n.d. NO x emissions (kt) 12.0 11.3 -5.6% 24,98 SO 2 emissions (kt) 6.6 5.1 -22.2% 16,38 Particulate emissions (kt) 0.299 0.494 65.2% 1,46 (2) Overall specific CO 2 emissions (g CO 2/kWh) 236 279 18.1% 236 (2) Overall specific NO x emissions (g NOx/kWh) 0.27 0.26 -5.8% 0,40 (2) Overall specific SO 2 emissions (g SO 2/kWh) 0.15 0.12 -22.3% 0,27 CO 2 emissions intensity (g/€) 1 013 1 100 8.6% 981 Main Water usage (10 3 m3) 751 642 1 017 244 35.3% n.d.